# FOUNDATION ENERGY MANAGEMENT, LLC

FOUNDATION ENERGY MANAGEMENT, LLC of ADDISON, TX is an SEC-registered investment adviser.

## Registration

- CRD: 161141
- Type: SEC-registered investment adviser
- SEC file number: 801-73633
- Location: 5057 KELLER SPRINGS ROAD, SUITE 650, ADDISON, TX, 75001
- Phone: 972-707-2500
- Latest filing: 2026-04-22
- Regulatory AUM: $270.3M
- Discretionary AUM: $270.3M
- Clients: 110
- Accounts: 6

## Business model

- Compensation: % of AUM, Performance
- Clients served: Investment cos

## Officers, owners & control persons (24)

| Name | Role | Location |
| --- | --- | --- |
| [William McIlwaine Thompson](https://search.stillhousedata.com/person/307070) | ELECTED MANAGER AND MEMBER | Addison, TX |
| [Eddie Wayne Rhea](https://search.stillhousedata.com/person/698055) | CHIEF EXECUTIVE OFFICER, FOUNDATION ENERGY MANAGEMENT, LLC; ELECTED MANAGER AND MEMBER; PRESIDENT AND CHIEF EXECUTIVE OFFICER, FOUNDATION ENERGY MANAGEMENT, LLC | — |
| [Jeffrey Michael Stark](https://search.stillhousedata.com/person/698056) | CHIEF COMPLIANCE OFFICER, FOUNDATION ENERGY MANAGEMENT, LLC; ELECTED MANAGER AND MEMBER | — |
| [Cornelius No Middle Name Dupre](https://search.stillhousedata.com/person/698057) | ELECTED MANAGER AND MEMBER | — |
| [Peter Charles Brockett](https://search.stillhousedata.com/person/698058) | ELECTED MANAGER AND MEMBER | — |
| [Julie A Garvin](https://search.stillhousedata.com/person/698059) | ELECTED MANAGER | — |
| [Alexandra Nicole White](https://search.stillhousedata.com/person/698060) | ELECTED MANAGER | — |
| [STARK MICHAEL](https://search.stillhousedata.com/person/739882) | CHIEF COMPLIANCE OFFICER, FOUNDATION ENERGY MANAGEMENT, LLC | — |
| [BROCKETT PETER CHARLES](https://search.stillhousedata.com/person/782081) | ELECTED MANAGER AND MEMBER; MANAGER | — |
| [RHEA EDDIE W](https://search.stillhousedata.com/person/824391) | MANAGER; PRESIDENT AND CHIEF EXECUTIVE OFFICER; PRESIDENT AND CHIEF EXECUTIVE OFFICER, FOUNDATION ENERGY MANAGEMENT, LLC | — |
| [WETZEL JOHN GREGORY](https://search.stillhousedata.com/person/824392) | MANAGER; VICE PRESIDENT, TREASURER AND CHIEF FINANCIAL OFFICER; VICE PRESIDENT, TREASURER AND CHIEF FINANCIAL OFFICER, FOUNDATION ENERGY MANAGEMENT, LLC | — |
| [STARK JEFFREY M](https://search.stillhousedata.com/person/824393) | CHIEF COMPLIANCE OFFICER; CHIEF COMPLIANCE OFFICER, FOUNDATION ENERGY MANAGEMENT, LLC | — |
| [DUPRE CORNELIUS](https://search.stillhousedata.com/person/824394) | MANAGER | — |
| [THOMPSON WILLIAM MCILWAINE](https://search.stillhousedata.com/person/824395) | ELECTED MANAGER AND MEMBER; MANAGER | — |
| [DOWNEY MARLAN W](https://search.stillhousedata.com/person/824396) | MANAGER | — |
| [PAYNE RICHARD L](https://search.stillhousedata.com/person/824397) | ELECTED MANAGER AND MEMBER; MANAGER; MANAGER AND MEMBER (+2 more) | — |
| [SAUER JOEL P](https://search.stillhousedata.com/person/834451) | MANAGER; VICE PRESIDENT, FOUNDATION ENERGY MANAGEMENT, LLC | — |
| [RHEA EDDIE WAYNE](https://search.stillhousedata.com/person/840198) | ELECTED MANAGER AND MEMBER; PRESIDENT AND CHIEF EXECUTIVE OFFICER, FOUNDATION ENERGY MANAGEMENT, LLC | — |
| [DUPRE CORNELIUS NO MIDDLE NAME](https://search.stillhousedata.com/person/840199) | ELECTED MANAGER AND MEMBER | — |
| [DOWNEY MARLAN WAYNE](https://search.stillhousedata.com/person/840200) | ELECTED MANAGER AND MEMBER | — |
| [SAUER JOEL PATRICK](https://search.stillhousedata.com/person/840201) | ELECTED MANAGER; ELECTED MANAGER AND MEMBER | — |
| [Garvin Julie A](https://search.stillhousedata.com/person/847078) | ELECTED MANAGER | — |
| [Cornelius (No Middle Name) Dupre](https://search.stillhousedata.com/person/998064) | ELECTED MANAGER AND MEMBER | — |
| [Lance M Bentley](https://search.stillhousedata.com/person/998069) | PRESIDENT, FOUNDATION ENERGY MANAGEMENT, LLC | — |


## Private funds (6)

| Fund | Type | Formed | Owners | GAV | Min investment |
| --- | --- | --- | --- | --- | --- |
| FOUNDATION ENERGY FUND VII - A, L.P. | Other Private Fund | Delaware | 2 | $117.3M | $250K |
| FOUNDATION ENERGY FUND VI - A, L.P. | Other Private Fund | Delaware | 10 | $110.4M | $250K |
| FOUNDATION ENERGY FUND V - B CORE, L.P. | Other Private Fund | Delaware | 5 | $17.5M | $250K |
| FOUNDATION ENERGY FUND V - A, L.P. | Other Private Fund | Delaware | 15 | $11.9M | $250K |
| FOUNDATION ENERGY FUND IV - B, L.P. | Other Private Fund | Delaware | 9 | $8.5M | $250K |
| FOUNDATION ENERGY FUND IV - A, L.P. | Other Private Fund | Delaware | 21 | $4.8M | $250K |


## Fund service providers (1)

- custodian: FOUNDATION ENERGY FUND V - B, L.P.

## Related pages

- Form ADV Part 2 brochure: https://search.stillhousedata.com/firm/161141/brochure
- Similar advisers: https://search.stillhousedata.com/firm/161141/similar
- Related entities: https://search.stillhousedata.com/firm/161141/related
- SEC IAPD (source of record): https://adviserinfo.sec.gov/firm/summary/161141

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Source: public SEC Form ADV data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.